Economic Development
2 min read
9

India, US sign MoU for cooperation in cyber crime investigations 

January 18, 2025
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India and the US have signed an agreement to enhance cooperation in cybercrime investigations, per the Ministry of External Affairs. The Memorandum of Understanding (MoU) on cyber crime investigations will allow the respective agencies of the two countries to step up cooperation and training on use of cyber threat intelligence

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Economic Development
5 min read
17

Bharat Mobility Global Expo 2025: Day 2 unveils exciting future mobility innovations from Hyundai, VinFast, BYD

January 18, 2025
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The second day of Bharat Mobility Global Expo 2025 kicked off with some exciting unveiling of future mobility that would change the perception of electric vehicles (EVs) in personal ownership, and public transportation. The day started with the launch of two EVs — VF 7 and VF 6 — from

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Economic Development
3 min read
15

CCI slaps ₹40 lakh fine on Goldman Sachs for failure to notify investment in Biocon Biologics

January 18, 2025
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The Competition Commission of India (CCI) has imposed a ₹40 lakh penalty on Goldman Sachs (India) Alternative Investment Management Private Limited (GS AIMPL) for failing to notify its investment in Biocon Biologics Limited (Biocon) under the Competition Act, 2002. The regulator found that Goldman Sachs’ acquisition of optionally convertible debentures

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Economic Development
3 min read
13

India’s economic growth poised to rebound as demand picks up: RBI bulletin, ETCFO

January 18, 2025
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Mumbai, Jan 18 (IANS) India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects,” according to the RBI’s monthly bulletin for January. Mumbai, India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience

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Economic Development
2 min read
17

Electric vehicle sales in India crossed 14.08 lakh units in 2024: Kumaraswamy

January 18, 2025
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Electric vehicle sales in India crossed 14.08 lakh units in 2024, achieving a market penetration rate of 5.59 per cent, up from 4.44 per cent in the previous year, Union Minister H D Kumaraswamy said on Saturday. The minister asserted that the upward trend in EV adoption underscores the growing

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Economic Development
3 min read
4

Government may introduce new income tax bill in Budget session

January 18, 2025
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The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill which seeks to simplify the current I-T law, make it comprehensible and reduce the number of pages by about 60 per cent. Finance Minister Nirmala Sitharaman in her July Budget had announced

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Economic Development
2 min read
9

Dropping degree requirements, 30 per cent of Indian employers looking to shift to skills-based hiring: WEF

January 18, 2025
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In a transformative shift, around 30 per cent of Indian employers are looking to adopt skills-based hiring practices by removing degree requirements, a significant increase compared to the global figure of 19 per cent, said World Economic Forum (WEF) in its Jobs Report 2025. The evolving landscape in India reflects

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Economic Development
2 min read
10

Fog disrupts flight, train services in Delhi; AQI improves

January 18, 2025
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A layer of fog enveloped Delhi on Saturday morning, reducing visibility and disrupting traffic movement. Other parts of North India also witnessed dense fog condition this morning. Due to fog, train and flight services disrupted in the national capital with some flights, and several trains being delayed at Indira Gandhi

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Economic Development
2 min read
21

Centre to back auto industry’s global leadership: PM Modi at Bharat Mobility Expo

January 17, 2025
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Prime Minister Narendra Modi on Friday said that the Centre has given all the support to the automobile industry and they can expect more in the coming years as India becomes a leading automobile market in the world. Speaking at the inaugural session of the Bharat Mobility Global Expo 2025

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Economic Development
2 min read
13

India targets ₹1 lakh crore export earnings from fish, fishery products 

January 17, 2025
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India has set an ambitious target of achieving ₹1 lakh crore earnings through the export of fish and fishery products, according to George Kurian, Union Minister for Fisheries, Animal Husbandry and Dairying. Last year, the country achieved an impressive total income of ₹63,000 crore through the export of fish and

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